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Elbit Systems Q2 GAAP gross profit $242.3 million

Staff Writer | August 15, 2017
Elbit Systems reported its consolidated results for the second quarter ended June 30, 2017.
Elbit Systems
Elbit Systems   Revenues were $818.3 million
Revenues in the second quarter of 2017 were $818.3 million, as compared to $804.5 million in the second quarter of 2016.

Non-GAAP gross profit amounted to $248.3 million (30.4% of revenues) in the second quarter of 2017, as compared to $244.0 million (30.3% of revenues) in the second quarter of 2016.

GAAP gross profit in the second quarter of 2017 was $242.3 million (29.6% of revenues), as compared to $236.1 million (29.4% of revenues) in the second quarter of 2016.

Research and development expenses, net were $67.1 million (8.2% of revenues) in the second quarter of 2017, as compared to $67.2 million (8.4% of revenues) in the second quarter of 2016.


 

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